Hare v. Illinois Bankers Life Assurance Company
Supreme Court of Arkansas
1Opinion of the CourtGriffin Smith, C. J.
Appellant, alleging breach of contract, seeks to recover from appellee insurance company, with interest, all premiums paid during the life of the policy in question, amounting to $945.23.
In 1929 or 1930 Illinois Bankers Life Assurance Company reinsured the business of Illinois Bankers Life Association. Prior to that time the older organization had operated as an assessment company. Appellant became a member of the association. Appellee is a legal reserve insurance company with “level” premiums sufficient to create and maintain a legal reserve.
When reorganization or reinsurance was…
2Cases cited2 opinions
- National Life Co. v. BrenneckeSupreme Court of Arkansas · 1938
- Illinois Bankers Life Assurance Co. v. PetraySupreme Court of Arkansas · 1937
3Cited by7 opinions
- Olsen v. Preferred Risk Mutual Insurance CompanySupreme Court of Minnesota · 1969
- Crum v. Prudential Insurance Company of AmericaDistrict Court, N.D. Mississippi · 1973
- Washington National Insurance Company v. SimmonsSupreme Court of Arkansas · 1941
- Jones v. American Pioneer Life InsuranceSupreme Court of Arkansas · 1973
- Webb v. Manhattan Life InsuranceSupreme Court of Arkansas · 1952
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